alt Hacker NewsNo, it is proof that they are parasitically extracting money via non-productive strategies like latency arbitrage and order front-running.
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bawolff • yesterday at 9:54 AM
Which is changing market conditions.
No, it is proof that they are parasitically extracting money via non-productive strategies like latency arbitrage and order front-running.
Which is changing market conditions.
Liquidity provision is valuable though, and it's not really parasitic to exploit inefficiencies, it's not even that profitable a strategy today.